FISCAL POLICY AND ECONOMIC GROWTH IN FRANCE, GERMANY, AND GREECE
Fiscal policy is a major component of a country’s economic policy. To counteract the negative effects of economic or extra-economic factors, the state can use a series of countercyclical policies. Fiscal policy is one of the most important short term policies that can be applied at the macroeconomi...
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| Format: | Article |
| Language: | English |
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Vasile Goldis University Press
2012-01-01
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| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
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| Online Access: | http://www.uvvg.ro/studiaeconomia/images/2012/p1/1._Luis-Raul_Boroaca_-_FISCAL_POLICY_AND_ECONOMIC_GROWTH_IN_FRANCE_GERMANY_AND_GREECE.pdf |
| Summary: | Fiscal policy is a major component of a country’s economic policy. To counteract the negative effects of economic or extra-economic factors, the state can use a series of countercyclical policies. Fiscal policy is one of the most important short term policies that can be applied at the macroeconomic level. Fiscal policy can therefore affect a country’s economic development. Using statistical software the author examines the possible correlations between fiscal policy and economic growth in three EU countries: France, Germany, and Greece. The period took into consideration for the study is 1996-2009. |
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| ISSN: | 1584-2339 2285-3065 |